Business news from Ukraine

Business news from Ukraine

U.S. ARGENTEM CREEK INTERESTED IN INVESTMENT IN ENERGY SECTOR OF UKRAINE

17 February , 2016  

KYIV. Feb 17 (Interfax-Ukraine) – U.S. investment company Argentem Creek Partners and Energy Resources of Ukraine have signed an agreement on strategic partnership to implement joint investment activities in the energy sector of Ukraine, reads a press release from the Ukrainian company.

According to Argentem Creek Director for Investment Daniel Chapman, the signing of an agreement on cooperation with Energy Resources of Ukraine is the first step in the company’s strategy in the framework of implementing investment projects in Ukraine.

“We want to become part of the successful development of the country’s energy sector. We see a huge potential for investment in power generation, renewable energy and oil and gas production in Ukraine,” he said.

Argentem Creek is a company specializing in financing projects in the emerging markets. It is headquartered in New York and has offices in Minneapolis, London, Buenos Aires, and Singapore.

Argentem Creek Partners is one of the three structures, resulting from the division of Black River Asset Management investment company, part of Cargill Group.